August Private Sector Job Gains Beat Expectations

(Updated - August 30, 2017 8:16 AM EDT)

• ADP Employment Change (Aug) 237K vs 185K Expected

Private sector employment increased by 237,000 jobs from July to August according to the August ADP National Employment Report. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute in collaboration with Moody's Analytics. The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

August 2017 Report Highlights*

View the ADP National Employment Report Infographic at www.adpemploymentreport.com.

Total U.S. Nonfarm Private Employment: 237,000

By Company Size

• Small businesses: 48,000
  • 1-19 employees 18,000
  • 20-49 employees 30,000
• Medium businesses: 74,000
  • 50-499 employees 74,000
• Large businesses: 115,000
  • 500-999 employees 22,000
  • 1,000+ employees 93,000

By Sector

• Goods-producing: 33,000
  • Natural resources/mining -1,000
  • Construction 18,000
  • Manufacturing 16,000
• Service-providing: 204,000
  • Trade/transportation/utilities 56,000
  • Information -3,000
  • Financial activities 11,000
  • Professional/business services 39,000
    • Professional/technical services 8,000
    • Management of companies/enterprises 4,000
    • Administrative/support services 27,000
  • Education/health services 45,000
    • Health care/social assistance 42,000
    • Education 2,000
  • Leisure/hospitality 51,000
  • Other services 5,000

* Sum of components may not equal total, due to rounding.

• Franchise Employment**
  • Franchise jobs 21,200

**Complete details on franchise employment can be found here.

"In August, the goods-producing sector saw the best performance in months with solid increases in both construction and manufacturing," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Additionally, the trade industry pulled ahead to lead job gains across all industries, adding the most jobs it has seen since the end of 2016. This could be an industry to watch as consumer spending and wage growth improves."

Mark Zandi, chief economist of Moody's Analytics, said, "The job market continues to power forward. Job creation is strong across nearly all industries, company sizes. Mounting labor shortages are set to get much worse. The initial BLS employment estimate is often very weak in August due to measurement problems, and is subsequently revised higher. The ADP number is not impacted by those problems."

To see Chart 1. Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201708/MOD-104107_chart1.jpg

To see Chart 2. Historical Trend -- Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201708/MOD-104108_chart2.jpg

To see Chart 3. Change in Nonfarm Private Employment by Selected Industry, please click here: http://media.marketwire.com/attachments/201708/MOD-104109_chart3.jpg

To see Chart 4. Change in Nonfarm Private Employment by Company Size, please click here: http://media.marketwire.com/attachments/201708/MOD-104110_chart4.jpg

The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 411,000 U.S. clients employing nearly 24 million workers in the U.S. The July total of jobs added was revised up from 178,000 to 201,000.

To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.adpemploymentreport.com.

The September 2017 ADP National Employment Report will be released at 8:15 a.m. ET on October 4, 2017.

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